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Rain, the smaller data-only network provider in South Africa, had been exploring an option to accelerate the installations of its fifth-generation network towers in 1,500 larger metropolitans across the African continent’s most industrialized nation, African Rainbow Capital (ARC), which holds a 27 per cent stake in Rain, had told in a statement on Friday.
Aside from that, the ARC was also quoted saying on its Friday’s statement that the S. African mobile data-only operator Rain was looking to complete the towers by end-2021. In point of fact, under a joint venture with the world’s No.
1 telecom gear manufacturer, Huawei Technologies, Rain had begun to establish the first commercial fifth-generation network in Africa later last year, while Rain, the S. Africa’s fifth-largest mobile operator, had already launched its fifth generation network in the Gauteng province back in the September of 2019.
More importantly, Rain had 447 fifth-generation towers operational by end-April.
ARC says Rain making good progress, sees signs of continued growth
Meanwhile, the African Rainbow Capital (ARC), which has been holding a 27 per cent stake in the smaller data-only mobile network provider of the southernmost tip of the world, was also quoted saying at its Friday’s statement that the mobile operator had been making good progress and had shown signs of continued growth during the pandemic outbreak.
Apart from that, latest announcement from ARC came forth at a critical time, while the Trump Administration had inclined a new sanction on Huawei Technologies, which in effect would bar sales of tech equipment based on US technology to Huawei alongside other Chinese technology behemoths, while the bloc’s leading economies appeared to be divided on whether to allow China’s Huawei Technologies to build fifth-generation network following an upscaled lobbying effort by the Trump Administration, whose conflict of interest with Beijing had turned Huawei Technologies extremely vulnerable to collateral damages.
Besides, Rain had roughly 5,500 fourth generation networking towers as of end-April across the African continent’s second-largest economy.